Bitcoin Price Could Reach $98,500, Say Wall Street Analysts

“The price of bitcoin could increase to as much as $98,500, according to analysts at financial services and investment firm Wedbush Securities.  A report from analysts Gil Luria and Aron Turner, which has been referenced on StreetInsider.com, takes an extremely positive view of bitcoin, suggesting digital currency has the potential to shake up the current payments space.  Last month, the Winklevoss twins remarked that they envisioned bitcoin increasing by 100 times.  Ex-Facebook executive Chamath Palihapitiya is also pretty bullish about bitcoin.  At the end of October, he revealed he owned $5m worth of the digital currency.”

http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/

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